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ESS essential metals limited

0.00%

50.0¢

I'm with you @Bluegoose...I don't need to be told by my own...

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dynofish

3,998 Posts.

4084

30/01/23

22:58

Post #: 65960457
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Originally posted by Bluegoose: ↑

It's a shame ESS didn't sell their asset to GL1.

GL1 have good management and at least I'd feel good about another company I own getting Pioneer Dome on the cheap.

If ESS management can't extract at least 70 or 80 cents (even that's dirt cheap) for this asset, then they are really poor at their job.

Pioneer dome could be in some sort production (DSO to start) within 2 years if developed by a competent management team.

I vote NO to 50 cents a share and IGO can p!$$ off.

The market has also changed for the better since this bid (even UBS are calling a medium term deficit), so really we should be aiming for at least $1 by mid 2023.

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I'm with you @Bluegoose...I don't need to be told by my own company management that I should agree to 50cents or even 75cents when I know this resource is worth many multiples of those figures and is ready to mine! I will be voting NO to this and any other proposal less than $2.

regards
DF

ESS Price at posting: 52.5¢ Sentiment: Buy Disclosure: Held
11 Upvote

1 Great analysis

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I'm with you @Bluegoose...I don't need to be told by my own...

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